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Feb 13, 2013
02/13
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. >> an illustration of how politics, political alliance has changed. the mrez shook hands with joe man chon, he will be on our program after this. joe manchian was shown firing a gun into the obama health agenda and now he is trying to work with the president. >> who has taken a marked turn in his view, you could argue that since newtown. we'll take a brief pause here as the president gives a copy of tonight's speech to the speaker. >>> thank you! thank you. thank you. thank you. thank you. >> members of congress, i have the high privilege and distinct hohn 0or of present iing to you the president of the united states. >> thank you. thank you. thank you. thank you. thank you very much. thank you so much. thank you. thank you very much. thank you. mr. speaker, mr. vice president, members of congress, fellow americans, 51 years ago john f. kennedy declared to this chamber that the constitution makes us not rivals for power but partners for progress. [ applause ] it is my task, he said, to report the state of the union. to improve it is the task of us all
. >> an illustration of how politics, political alliance has changed. the mrez shook hands with joe man chon, he will be on our program after this. joe manchian was shown firing a gun into the obama health agenda and now he is trying to work with the president. >> who has taken a marked turn in his view, you could argue that since newtown. we'll take a brief pause here as the president gives a copy of tonight's speech to the speaker. >>> thank you! thank you. thank you....
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Jan 26, 2013
01/13
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and then on the political front, president obama's recess appointment to the nlrb declared unconstitutional. and louisiana governor bobby jindal calls republicans the stupid party. how about that? and then there is an unconfirmed scandal. i say unconfirmed. did senator bob menendez sleep with underaged dominican prostitutes? this is "the kudlow report" and we begin right now. >> all right. first up, our most optimistic story tonight, stock continue their bull run, the s&p 500 and dow closing in on their all-time highs from october 2007. brian shactman joins us now with all the details. good evening, brian and good work today. >> you touched on the s&p details having its best streak in terms of winning streaks days in a row in eight years but how about the dow. we're now 105 points shy of 14,000. eight components hit new highs today. beyond the five on your screen, utx, pfizer and p & g also doing it. now, speaking of history, historically life is good, larry, as you well know when the dow transports show leadership, up another 3% for the week. apple used to be leadership but not right now.
and then on the political front, president obama's recess appointment to the nlrb declared unconstitutional. and louisiana governor bobby jindal calls republicans the stupid party. how about that? and then there is an unconfirmed scandal. i say unconfirmed. did senator bob menendez sleep with underaged dominican prostitutes? this is "the kudlow report" and we begin right now. >> all right. first up, our most optimistic story tonight, stock continue their bull run, the s&p...
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Sep 20, 2013
09/13
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what does that tell you about obama's political position? >> what it tells me is that washington lacks imagination. if i told you in 2011 that we would have funding levels at the levels the republican study committee wanted and president obama would have signed those into law, you all would have laughed at me. but that's what we have because we stood up and fought for it. >> the sequester thing was great. >> you wouldn't have thought that was possible in the beginning of 2011. we need to feig to change what's actually possible in washington. >> we'll leave it there. good argument. much more to cover on this shutdown threat. but first here's a little shutdown humor from "the tonight show." >> if the republicans and democrats can't get together, there's a strong possibility of a federal government shutdown. you know what the legal deflection of that is? a government shutdown is when congress continues not to work but they do it from home. see, they don't work -- why are we calling it a government shutdown? we are $17 trillion in debt. why don'
what does that tell you about obama's political position? >> what it tells me is that washington lacks imagination. if i told you in 2011 that we would have funding levels at the levels the republican study committee wanted and president obama would have signed those into law, you all would have laughed at me. but that's what we have because we stood up and fought for it. >> the sequester thing was great. >> you wouldn't have thought that was possible in the beginning of 2011....
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May 6, 2013
05/13
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the white house says the golf game didn't have a political agenda, be you the president is trying anything he can to bring the two parties together. by the way, senator chambliss got a hole in one, that means drinks are on him. >> for everybody. i want to go back to this exporting of liquid natural gas, which is a plus by the president. >> a huge plus. >> between our energy independence in the next ten years, which means we won't have to import and we actually will be selling stuff, our trade deficit will evaporate. >> a little less than half of our trade deficit comes from energy alone. you won't talk about the knockdown effects in terms of national security and all the rest of it. so this is a big deal. there is no two ways about it. the president, i'm so glad he's moving in this way, to add this to immigration, there is a chance the u.s. could grow out of its fiscal problems, more than any other country in the g-7. >> let me connect the dot, exporting liquid natural gas, not importing oil any more. okay. trade deficit going down, dollar going up. america becomes the place to incest. it'
the white house says the golf game didn't have a political agenda, be you the president is trying anything he can to bring the two parties together. by the way, senator chambliss got a hole in one, that means drinks are on him. >> for everybody. i want to go back to this exporting of liquid natural gas, which is a plus by the president. >> a huge plus. >> between our energy independence in the next ten years, which means we won't have to import and we actually will be selling...
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Aug 30, 2013
08/13
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how do they think president obama handling this politically. that's up next on kudlow when we return. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, where experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. and this park is the inside
how do they think president obama handling this politically. that's up next on kudlow when we return. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer)...
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Nov 13, 2013
11/13
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so what's obama move here? >> well, when you have james on or you're talking about bill clinton you're talking about i would call the great centered democrats of american political life. obama is not of the center. he doesn't want any modifications or any discussion. i think what he's doing now is what they used to say in nixon days the modified limited hang out. he's admitted some mistakes, he admits he want some changes. he'll blame it on the republicans. 5 million people had their plans cancelled. the reason their plans are cancelled is the insurance plans that those people have don't meet the requirements that the obama care law has set out. there are so many requirements and those plans are so onerous and sometimes so expensive that people -- that the current plans and the payments they are making are too low so the insurance companies have to cancel those policies because they don't fit the obama care law and now those people have to go on private exchanges and be much more expensive for them. >> james, y
so what's obama move here? >> well, when you have james on or you're talking about bill clinton you're talking about i would call the great centered democrats of american political life. obama is not of the center. he doesn't want any modifications or any discussion. i think what he's doing now is what they used to say in nixon days the modified limited hang out. he's admitted some mistakes, he admits he want some changes. he'll blame it on the republicans. 5 million people had their...
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Oct 18, 2013
10/13
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so obama doesn't get a lot of love from texans. and cruz has been quite the phenomenon, turning texas politics upside down. won a senate race no one thought he could win. he's just gone on from there. >> it's interesting because i feel like one side has been very effective in terms of blaming it on the other side, that is the dems versus republicans. any time anything happens, the republicans seem like the ones to blame up. don't think people feel that way? >> well, not here. it's a red state. it's a republican state. and so cruz is getting a lot of atta boys. you know, he fits what the texas republican party is today, which is very much a tea party organization. >> right. let's -- >> i can -- >> okay, go ahead. >> i was going to say, in boston people are incredibly angry and throughout new england about what's happened. i mean, we're probably on the other political spectrum here. people lost a lot of money. everybody from small business owners to fortune 500 companies, just felt the whole shutdown was sill y didn't need to happen,
so obama doesn't get a lot of love from texans. and cruz has been quite the phenomenon, turning texas politics upside down. won a senate race no one thought he could win. he's just gone on from there. >> it's interesting because i feel like one side has been very effective in terms of blaming it on the other side, that is the dems versus republicans. any time anything happens, the republicans seem like the ones to blame up. don't think people feel that way? >> well, not here. it's a...
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Nov 14, 2013
11/13
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. >> is this bill clinton who moved obama's hand on this? >> i have no where had what the political calculus was. >> president clinton said this this week. >> he did. he did say that. i can't tell you if they're connected or not. >> i think it's more the vote they faced in the house tomorrow that moved his hand on this one. >> the house is irrelevant. upton's bill is just more republican obstructionism. it doesn't mean anything. nobody's going to pay it any attention. >> howard, these guys were going to be put on the record as having voted against the president in this particular case. they didn't want to have to do that. >> right. this is all washington politics, though. i'm looking at the structural changes in the insurance market. i think we can still do this. i don't like the idea of delaying it. i think we can make a lot of progress, paper, pencil and call lines. and i think we can still make this thing work. >> we'll see. >> howard, good to talk with you. thank you so much, stan. gentlemen, thanks zblmpk sthank >>> 15 minutes before th
. >> is this bill clinton who moved obama's hand on this? >> i have no where had what the political calculus was. >> president clinton said this this week. >> he did. he did say that. i can't tell you if they're connected or not. >> i think it's more the vote they faced in the house tomorrow that moved his hand on this one. >> the house is irrelevant. upton's bill is just more republican obstructionism. it doesn't mean anything. nobody's going to pay it any...
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Jul 31, 2013
07/13
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. >> he's also worked for the clinton administration, worked for the obama administration. does he create some politics around -- the fed is supposed to be independent. >> very possible. >> that's something that's been talked about. julia, any thoughts on this, the next fed chairman? >> i agree that yellen is the easy choice and the best choice. she's got the fed ebs peerns -- experience. the quantitative easing experience. it seems like a no-brainer. obama has a great loyalty to summers and he likes him and he trusts him. but i think the track record and the baggage that come along with that are two problematic, and why not take the opportunity to nominate the first female fed chair? >> yeah, that's -- that's interesting. is there an investing strategy, julia, that you are undertaking right now ahead of a change in policy? i know you said earlier it's probably going to happen later, not sooner. >> in terms of the tapering coming into effect? >> yeah. yeah. >> i think for now, again, it's steady as she goes. i think we're going to be pretty range-bound, and the continued qe
. >> he's also worked for the clinton administration, worked for the obama administration. does he create some politics around -- the fed is supposed to be independent. >> very possible. >> that's something that's been talked about. julia, any thoughts on this, the next fed chairman? >> i agree that yellen is the easy choice and the best choice. she's got the fed ebs peerns -- experience. the quantitative easing experience. it seems like a no-brainer. obama has a great...
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May 14, 2013
05/13
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. >> as the obama administration scandal politics list grows, we're going to discuss how it could tackle our nation's real problems, like oh, you know, tax reform. coming up. >>> also ahead, we'll talk exclusively with the man at charge at one of the biggest mortgage lenders out there to talk the state of housing, citi mortgage's ceo. that's in just a few minutes. don't go anywhere. ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ available out there. i knew devry university would give me the skills that i needed to make one of those tech jobs mine. we teach cutting-edge engineering technology, computer information systems, networking and communications management -- the things that our students need to know in the world today. our country needs more college grads to help fill all the open technology jobs. to help meet that need, here at devry university, we're offering $4 million dollars in tech scholarships for qualified new
. >> as the obama administration scandal politics list grows, we're going to discuss how it could tackle our nation's real problems, like oh, you know, tax reform. coming up. >>> also ahead, we'll talk exclusively with the man at charge at one of the biggest mortgage lenders out there to talk the state of housing, citi mortgage's ceo. that's in just a few minutes. don't go anywhere. ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer...
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Jun 4, 2013
06/13
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the ap reports today, the top political appointees in the obama administration are using secret government e-mail accounts to conduct federal business. the list includes health and human services secretary kathleen sebelius and lisa jackson who reportedly used the alias richard windsor. is there ever going to be an end to the cover had be-ups in the administration? matt lewis, senior contributor at the daily caller. matt, what is this all about? >> well, there is a owe there is a possibility there this is all innocent, larry, because it does make sense you would have a couple e-mail addresses. i'm not being facetious. if you have a public e-mail address being inundated with hundreds of e-mails, you may have a second one to communicate internal internally. the problem, though, is that when citizens or media outlets -- do a freedom of information act request to obtain this information, which they have every right to do, usually, almost every time, these secret e-mails go unreported. and so whether it's by design or just a nice coincidence, some of the things being said by our government offi
the ap reports today, the top political appointees in the obama administration are using secret government e-mail accounts to conduct federal business. the list includes health and human services secretary kathleen sebelius and lisa jackson who reportedly used the alias richard windsor. is there ever going to be an end to the cover had be-ups in the administration? matt lewis, senior contributor at the daily caller. matt, what is this all about? >> well, there is a owe there is a...
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Feb 12, 2013
02/13
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. >>> well, move over president obama. it was dr. ben kor son who stole the show at the national prayer breakfast last week. dr. carson shared his ideas of health care, diz disdain for political correctness, and moral decay in america. he said all this with the president sitting just a few feet away. here now is dr. ben carson director of the neurosurgery division at john hopkins university. thank for coming on. we played a lot of the things you said. i just want to ask you specifically, one of the things we didn't play. your idea of health savings accounts for every child that is born. which is something that has circulated but never gotten the kind of street cred that i think it deserves. can you tell us more on that? >> yeah. well, i guess in addition to that usually have a birth certificate and electronic medical record. we spend plenty of money but we're not actually getting the kind of -- access that people need. with the health savings account you can contribute to from the day you're born until the day you die with pretax dol
. >>> well, move over president obama. it was dr. ben kor son who stole the show at the national prayer breakfast last week. dr. carson shared his ideas of health care, diz disdain for political correctness, and moral decay in america. he said all this with the president sitting just a few feet away. here now is dr. ben carson director of the neurosurgery division at john hopkins university. thank for coming on. we played a lot of the things you said. i just want to ask you...
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Oct 7, 2013
10/13
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from a political point of view the debt fight and the government shutdown fight helps obama because people are focusing on that. i think this is going to take two or three weeks to get it straptsnd out. it's par for the course. >> brian tried to get on the site, i fritried, we couldn'tin bigger issue for those who have got on to the site i'm hearing reports about people who say there's not enough information, big basic lack of information about what is going to be covered in the various plans, whether you've got an in network doctor, out of network doctor, basically a lot of confusion out there. >> well there is, but there's also a lot of satisfaction. a lot of people have gone on-line and found out their premiums will be dropped dramatically, they will be able to have health insurance for the first time because they have preexisting conditions they can't be defied for anymore. a lot of anecdotal evidence throughout. this is going to work. it's going to take some time and as i said, electronic medical records systems that the private sector has put in that has to be started all over again.
from a political point of view the debt fight and the government shutdown fight helps obama because people are focusing on that. i think this is going to take two or three weeks to get it straptsnd out. it's par for the course. >> brian tried to get on the site, i fritried, we couldn'tin bigger issue for those who have got on to the site i'm hearing reports about people who say there's not enough information, big basic lack of information about what is going to be covered in the various...
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Dec 21, 2013
12/13
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destabilizes obama care. >> hang on one second. >> tear trying to win a political battle on a day-by-day basis. >> in fact, i thought this was really pretty bad for government work. the announcement was done as a letter to those democratic senators. they didn't even make a general announceme announcement. nobody went into the white house press office to say this. to let the rest of the country know. they just wrote a letter to these democratic senators. now, that is the most pathetically partisan thing i've ever seen. jennifer, is this the end -- is this the end of the individual mandate? >> we can only hope, larry. that is obviously -- what we really want to see is the end of obamacare overall. i think what my friend, mark, is saying is somehow the president is coming out being magnanimous by making this affordable is utterly ridiculous. the affordable care act which was promised that would have no -- which turned out to be the lie of the year has people losing insurance, then it's too unaffordable for them to buy it back and the president is going completely around the congress to waiv
destabilizes obama care. >> hang on one second. >> tear trying to win a political battle on a day-by-day basis. >> in fact, i thought this was really pretty bad for government work. the announcement was done as a letter to those democratic senators. they didn't even make a general announceme announcement. nobody went into the white house press office to say this. to let the rest of the country know. they just wrote a letter to these democratic senators. now, that is the most...
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Sep 24, 2013
09/13
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what politics is about is negotiation and ted cruz needs to get the message and barack obama needs to get the message. most of all, negotiation is what needs to happen now. leave aside the government shutdown, this debt ceiling thing is serious. we're talking about potentially thousands of points of losses on the markets, a crippled economy. it's a disaster. >> there is nothing to negotiate, michael. basically what the republicans are saying to the democrats and president obama is give up on your signature presidential achievement. >> i'm not talking -- >> you're right. i'm saying that ted cruz has to get off his high horse, too. we are not going to de-fund all of obama care. however, dealing with a delay in the individual mandate. >> but you could change it. >> you could delay it. you can delay obama care and change it and get the kinks out, of course you could. >> that's not going to happen. that's unrealistic. >> jonathan, you're covering this bat. what is the house going to propose on the debt ceiling? let's leave the continuing resolution alone for a minute, will they stay with t
what politics is about is negotiation and ted cruz needs to get the message and barack obama needs to get the message. most of all, negotiation is what needs to happen now. leave aside the government shutdown, this debt ceiling thing is serious. we're talking about potentially thousands of points of losses on the markets, a crippled economy. it's a disaster. >> there is nothing to negotiate, michael. basically what the republicans are saying to the democrats and president obama is give up...
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Mar 2, 2013
03/13
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republicans see the president playing "hardball" chicago style politics. knees how to win the pr battle. knows how to but republicans in a corner and tell thems there's going to be major cuts that will hurt them back home. john boehner and mitch mcconnell are stealing their colleagues in the republican conference they better stand strong because they can't bend on spending cuts. these are real cuts and most conservatives cheering them. >> as i gather from speaker boehner's remarks and elsewhere they will stand tough on tax increases. >> that's right. from what i heard from people who knows what went on at the white house today nothing happened. that's real news because if the republicans are not scrambling to cut a last minute deal that means when it comes to the continuing resolution that's coming up in late march and potential replacement to the sequester they are not open to tax revenue and that's why you see wall street responding so well and republicans are cheering that the sequester is happening. >> i do think if the president wants to make this the
republicans see the president playing "hardball" chicago style politics. knees how to win the pr battle. knows how to but republicans in a corner and tell thems there's going to be major cuts that will hurt them back home. john boehner and mitch mcconnell are stealing their colleagues in the republican conference they better stand strong because they can't bend on spending cuts. these are real cuts and most conservatives cheering them. >> as i gather from speaker boehner's...
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Oct 15, 2013
10/13
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obama care has nothing remotely to do with free market capitalism. i'm kudlow. we'll be right back. at a ford dealer with a little q and a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee, affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. get up to $140 in mail-in rebates when you buy four select tires with the ford service credit card. where'd you get that sweater vest? your ford dealer. >>> welcome back to "the kudlow report." at this hour all eyes on the house as it gears up for a vote on its latest plan to avoid default, but will the deal come too late and too little for a public that's ready to kick them all out? 60% want to kick them out. we've got cindy dated columnist ann coulter. her new book is called "never trust a liberal over 3." there's a big fat picture. thank you for staying around. your bottom line
obama care has nothing remotely to do with free market capitalism. i'm kudlow. we'll be right back. at a ford dealer with a little q and a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee, affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. get up to...
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Sep 25, 2013
09/13
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you said he acknowledged it was a political vote. i listened to you describe somebody who seems to just rub everybody the wrong way in cruz. forget whether he's right or wrong or changes anything, and the "green eggs and ham" and anybody that watched mr. smith goes to what ug when you're on a 21 hour run you read anything from the bible and constitution but don't you think hypocrisy on the president or many republicans as well, the way they flip flop based on who is in the white house don't you think that is a horrible situation, john? >> yes. look, everybody's played politics with the debt limit. it's been the thing nobody wants to vote for. a responsibility of the majority to handle. and that's why it's always been raised. >> i understand why they do it, john. why doesn't it bug you more than "green eggs and ham." why aren't you rallying how the president and many republicans have switched their votes depending on who is in the white house. if it's only a political vote isn't that a huge story that nobody seems to ever really harp
you said he acknowledged it was a political vote. i listened to you describe somebody who seems to just rub everybody the wrong way in cruz. forget whether he's right or wrong or changes anything, and the "green eggs and ham" and anybody that watched mr. smith goes to what ug when you're on a 21 hour run you read anything from the bible and constitution but don't you think hypocrisy on the president or many republicans as well, the way they flip flop based on who is in the white house...
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Mar 26, 2013
03/13
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and in political news, president obama today naming the u.s. secret service agent julia pearson to be the agency's new director. she would be the first woman to hold that post. and finally, larry, the president signing the continuing resolution today that will keep the government funded through the end of the fiscal year. averting a government shutdown. the funding bill includes $85 billion in across-the-board sequester spending cuts. nobody wanted to do them, but here they are. >> guy benson, the great part of the president's signing today, as jay carney made very clear, they obds to the bill and they objected to the sequester inside the bill. they made that -- spent more time disagreeing with the bill they signed than supporting it. >> it's called a signing statement, which the president ran, saying he would never do. because it's a cynical ploy that only the past people do that sort of thing. and now he's president, surprise, these signing statements. but sequester is his idea, and this new continuing resolution, which funds the government t
and in political news, president obama today naming the u.s. secret service agent julia pearson to be the agency's new director. she would be the first woman to hold that post. and finally, larry, the president signing the continuing resolution today that will keep the government funded through the end of the fiscal year. averting a government shutdown. the funding bill includes $85 billion in across-the-board sequester spending cuts. nobody wanted to do them, but here they are. >> guy...
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Apr 12, 2013
04/13
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but first up let's talk some friday night politics. why shouldn't the republican party compromise on a background check that the whole country seems to want and then save they are a fire for obama's incredibly bad tax and spend growth-busting budget? sorry, jerry. let's bring back ann coulter, jared bernstein and robert costa. i think the republicans have basically won the gun debate because they got the magazine limitations out, the assault weapons limit takes out, and now they have a decent background plan, they should go on to the budget, which is a horror show for economic growth. >> i'll let you handle the budget, let me hand tell guns. i think they need to keep going on guns because for one thing you're right, we do win on this. you keep hearing liberals say, oh, as newtown fades into the background the enthusiasm for these gun control rules is fading. no, it's not that. people are finding out what these gun controls really are and background checks, for example, we already have universal background checks. any licensed gun deale
but first up let's talk some friday night politics. why shouldn't the republican party compromise on a background check that the whole country seems to want and then save they are a fire for obama's incredibly bad tax and spend growth-busting budget? sorry, jerry. let's bring back ann coulter, jared bernstein and robert costa. i think the republicans have basically won the gun debate because they got the magazine limitations out, the assault weapons limit takes out, and now they have a decent...
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Sep 25, 2013
09/13
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that said, the debate and the political standoffs are far from over. the real voting is about to begin. cnbc's chief washington correspondent john harwood joins us now with all the details. good evening, john. >> good evening, larry. we had an unusual end to that filibuster which you called brave and courageous. 100 people voted against it, including ted cruz himself. it became so unpopular by the end, that ted cruz decided to go with everyone else, seeing which way the wind was blowing. what we're going to have now is a debate in the senate over stripping out the defund obama care provision. not sure exactly when that's going to happen. but cruz has indicated he may shorten the time and not drag it out all the way to sunday. many republicans wanted him to shorten it so that the house will have more time to send a counterplay back to the senate. but it does appear that on a partyline vote, the democrats are going to strip out the defund obama care provision. the senate will pass a clean cr extension of government funding through mid-november. then it w
that said, the debate and the political standoffs are far from over. the real voting is about to begin. cnbc's chief washington correspondent john harwood joins us now with all the details. good evening, john. >> good evening, larry. we had an unusual end to that filibuster which you called brave and courageous. 100 people voted against it, including ted cruz himself. it became so unpopular by the end, that ted cruz decided to go with everyone else, seeing which way the wind was blowing....
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but republicans blame the obama administration for selectively choosing which cuts would make us all feel the most pain. take a listen to kansas senator jerry moran earlier today. >> it seems as if politics is playing a significant role in the determining what actions the faa are taking, and every indication that i have from conversations with my colleagues is it emanates from the white house. >> all right. here to talk about what i call the phony crisis and the obama democrats' attempt to raise $1.2 trillion in taxes is texas republican congressman, vice chair of the joint economic committee, my friend brady. and democratic strategist steve mcmann and townhall.com's guy benson here with me. mr. kevin brady, welcome. i know you blasted the irs for their fur lows. but i want to just put up -- i don't know if you can see this, probably not. i'm going to read the numbers. we're going to show you that the faa has had a massive -- that's the blue line. they've gone from about $2 billion all the way up to over $5 billion in their operating budget since 2008. they're off the pink but still
but republicans blame the obama administration for selectively choosing which cuts would make us all feel the most pain. take a listen to kansas senator jerry moran earlier today. >> it seems as if politics is playing a significant role in the determining what actions the faa are taking, and every indication that i have from conversations with my colleagues is it emanates from the white house. >> all right. here to talk about what i call the phony crisis and the obama democrats'...
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lew is being hoisted on obama's own petard. how much is lew going to pay for this politically? >> i think he is going to pay when it comes to capitol hill. he has to go through the senate and be confirmed. if you look at jack lew's career, it's easy to say he's a creature of government. worked in the obama administration, worked for tip o'neill back in the day. but when you look at his experience before he came to the government with the obama white house, he was at citi and got $1 million salary and $1 million bonus. this irks not only conservatives who think obama's being hypocritical to nominate someone this kind of banking background after wagging his finger at the wealthy all year. but almost frustrates and infuriates the left because they would like to see someone more progressive in the treasury role. >> more progressive. but what about this? he was the chief operating officer of a proprietary trading operation of about $54 billion. now, that has been outlawed under dodd/frank. so once again, i see hypocrisy from team obama. >> you've already seen some senators on capito
lew is being hoisted on obama's own petard. how much is lew going to pay for this politically? >> i think he is going to pay when it comes to capitol hill. he has to go through the senate and be confirmed. if you look at jack lew's career, it's easy to say he's a creature of government. worked in the obama administration, worked for tip o'neill back in the day. but when you look at his experience before he came to the government with the obama white house, he was at citi and got $1...
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first off, barack obama, all he wants for christmas is for the healthcare.gov website to work. they've always had these glitches with the website. he wants all those going away. >>> this is jm morgan's ceo jamie dimon. all he wants for christmas is a bespoke suit as opposed to a lawsuit. jpmorgan has set aside billions to settle lawsuit claims. he wants a regular old custom made suit. tim cook, ceo of apple wants a break from invery faster carl icahn. tim cook has some $147 billion in cash and investments. carl icahn wants him to return some of that to shareholders. tim cook wants him to lose his number for a while. then take a look at this, russian president vladimir putin wants the sochi winter olympics to go off without a hitch. then there's ceo of tesla. elam musk, he wants to tell more tesla model ss. then, of course, there's fed chairman ben bernanke. all he wants from christmas is a break from congressional testimony. all i want for christmas, all i want for christmas, all i want for christmas is for the economy to really get better, for the markets to keep going. that w
first off, barack obama, all he wants for christmas is for the healthcare.gov website to work. they've always had these glitches with the website. he wants all those going away. >>> this is jm morgan's ceo jamie dimon. all he wants for christmas is a bespoke suit as opposed to a lawsuit. jpmorgan has set aside billions to settle lawsuit claims. he wants a regular old custom made suit. tim cook, ceo of apple wants a break from invery faster carl icahn. tim cook has some $147 billion in...
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. >> who's winning the political battle? president obama or the house republicans? >> frankly, i think we've got all losers on this one so far because it looks like people aren't really talking about it. but the country is ready for us to start doing some stuff. we're seeing at the state level i had to make a lot of tough choices. how you make some cuts at state level to try to create growth and balance your budget. i think they're ready for the conversation to have but i think they want a conversation between both the president and congress and that's what it doesn't feel like or doesn't look like's happening. >> last one before i bring my panelists in who want to talk to you. you are being hailed as one of the red state models, you and a number of republican governors, because of your tax cutting, because of your budget cutting, insofar as reviving the democratic -- the republican party. that this is a model the gop should adopt. are you going to stay with it? are you going to try to spread the gospel? is it possible the republican party can ever have a growth mes
. >> who's winning the political battle? president obama or the house republicans? >> frankly, i think we've got all losers on this one so far because it looks like people aren't really talking about it. but the country is ready for us to start doing some stuff. we're seeing at the state level i had to make a lot of tough choices. how you make some cuts at state level to try to create growth and balance your budget. i think they're ready for the conversation to have but i think they...
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let's just have this conversation without hurling political accusations, you know. i usually oppose mr. obama's economic policies. on this one he laid them out. let's have a talk about it. if we can come up with something better fine. anyway thank you ben, thank you la smp lars, thank you nan. >> the faa just announced grounding the 787 boeing dreamliner until further notice. how crushing is this for boeing. the big airlines themselves, phil lebeau has a live report for us in just a moment and later in the show the debt battle seems to be tearing conservatives apart. once between i say do not play chicken with the debt ceiling and risk a default. by free market coke brothers agree. a new team of conservatives seems to be ignoring that advice and i think they are wrong but we'll debate it and don't forget, folks, free market capitalism is still the best path to prosperity. this is still the greatest country in the world. let us figure out our problems and we'll continue to greatness. i'm kudlow. we'll be right back. officeyour business needs...k... at prices that kee
let's just have this conversation without hurling political accusations, you know. i usually oppose mr. obama's economic policies. on this one he laid them out. let's have a talk about it. if we can come up with something better fine. anyway thank you ben, thank you la smp lars, thank you nan. >> the faa just announced grounding the 787 boeing dreamliner until further notice. how crushing is this for boeing. the big airlines themselves, phil lebeau has a live report for us in just a...
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care is all about and the political fallout, as well. >> hampton, thank you for that and i hope you had a good day yesterday. >> thank you. >> thank you for that. still to come, november is ending on a high note for u.s. equities with a major indices sitting at new highs. will there be plenty of stocking stuffers? we'll get some early market insight from the cme and also our final thoughts from andy, as well. >>> futures say we're going to go higher this morning. the dow is currently some 37 points above fair value. 14 for the nasdaq. joining us is todd horwitz, founder of averagejoeoptions.com. andy goldberg is still with us, as well. todd, happy thanksgiving. i hope you had a good day. anything to stop the markets from moving higher? equities going higher? >> good morning, ross. good morning, andy. you know, if you look at it, maybe the tryptophan from the turkey will stop it. but i believe we're more in bubble territory here. you can't get in the way of it because there's no telling how much farther we can go. the only thing i do see is we are seeing whether the fed wants to tape
care is all about and the political fallout, as well. >> hampton, thank you for that and i hope you had a good day yesterday. >> thank you. >> thank you for that. still to come, november is ending on a high note for u.s. equities with a major indices sitting at new highs. will there be plenty of stocking stuffers? we'll get some early market insight from the cme and also our final thoughts from andy, as well. >>> futures say we're going to go higher this morning. the...
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. >> right, as far as politics concerned president obama met with top four congressional leaders at the white house yesterday to try to break the budget deadlock that led to the u.s. government shutdown but after more than an hour of talks no breakthrough. both sides are continuing to blame each other. >> the president reiterated one more time tonight that he will not negotiate. we've got divided government. democrats control the white house and the senate. republicans control the house. we sent four different proposals over to our democrat colleagues in the senate. they rejected all of them. we've asked them in a conference to sit down and try to resolve our differences, they don't want to -- they will not negotiate. >> i thought that they were concerned about the long-term fiscal affairs of this country and we said we are too, let's talk about it. my friend, john boehner, i repeat cannot take yes or an answer. >> in an exclusive interview with our very own john harwood president obama expressed his frustration with the tea party faction who have been dead set on tying the debate over
. >> right, as far as politics concerned president obama met with top four congressional leaders at the white house yesterday to try to break the budget deadlock that led to the u.s. government shutdown but after more than an hour of talks no breakthrough. both sides are continuing to blame each other. >> the president reiterated one more time tonight that he will not negotiate. we've got divided government. democrats control the white house and the senate. republicans control the...
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. >> well, still to come here on the show as president obama's worst fears are realized with the first u.s. government shutdown in 17 years, find out why our next guest thinks that today's news could have serious consequences for the u.s. economy. >>> hi, everybody. welcome back. you're still watching "worldwide exchange." i'm louisa bojesen. >> and i'm deidre wang morris. >> the u.s. government goes into shutdown for the first time in 17 years after congress fails to break a stalemate over a stopgap spending bill. >> so we like to resolve issues, but we will not go to conference with a gun to our head. >> but global markets shrug off the shutdown with european bourses edging higher after modest gains in asia. >> and this, of course with in the middle of uncertainty in rome sylvia berlusconi is facing dissent. >> and shinzo abe is unveiling a sales tax hike in april, but softening the blow with a fresh stimulus package. >>> hi, everybody. welcome back to the second hour of "worldwide exchange." as said, the u.s. government has started a partial shutdown for the first time in 17 years.
. >> well, still to come here on the show as president obama's worst fears are realized with the first u.s. government shutdown in 17 years, find out why our next guest thinks that today's news could have serious consequences for the u.s. economy. >>> hi, everybody. welcome back. you're still watching "worldwide exchange." i'm louisa bojesen. >> and i'm deidre wang morris. >> the u.s. government goes into shutdown for the first time in 17 years after...
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president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effect of way to improve your credit rating. >> ben bernanke says the u.s. economy appears to be willing to raise the debt ceiling. it's downplaying fierce that this could lead to higher inflation. >>. >> what do you think? >> well, i think, you know, what we've seen in the beginning of the year, like the solution of the fiscal cliff for the
president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its...
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this is an arbitrary and political hosing of jpmorgan. there is no objective reason for this number. >> well, okay. so i'll respond to that in a few ways. first of all, the $4 billion consumer relief fund i think is deeply problematic. remember, even in the allegations, consumers weren't harmed by the origination problems. investors were. and it's no help here for investors. >> right. >> in mortgage-backed securities. >> so why did they do that? let's just stop there. >> that's political. >> totally political. >> if you remember, larry, you didn't even pitch reckless endangerment, my book with gretchen morganson. >> we should have. a great book. >> we know the whole washington-wall street connection in that regard. now, let's go to your points. first of all, in the case of bear stearns, the fed took most of the troubled assets of bear stearns. that is what became maiden lane. so the government did help them out in bear stearns. but even beyond that, the problem isn't even the acquisition. it's that since 2008, jpmorgan has done everything
this is an arbitrary and political hosing of jpmorgan. there is no objective reason for this number. >> well, okay. so i'll respond to that in a few ways. first of all, the $4 billion consumer relief fund i think is deeply problematic. remember, even in the allegations, consumers weren't harmed by the origination problems. investors were. and it's no help here for investors. >> right. >> in mortgage-backed securities. >> so why did they do that? let's just stop there....
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total stop and defund obama care. it would be nice if we did. i'd be in the fight. >> if and when this matter is settled, the next fight will be over raising the u.s. debt ceiling. on friday president obama called house speaker john boehner and repeated he won't negotiate with republicans on the issue. in his weekly radio and internet address, he accused the gop of threatening to plunge the u.s. into default. >> the united states of america is not a dead beat nation. we are a compassionate nation. we are the world's bedrock investment and doing anything to threaten that is the height of irresponsibility. >> you just kind of wish there were some sort of super mediator who could come in and get these guys to get along, ross. it's amazing that we find ourselves at this point once again. >> we've got peace in northern ireland after many years. maybe it's not impossible one would think. we'll see what happens. bertha, thanks for that. >>> joining us with more is jonathan allen, white house bureau chief of politicpolitico.
total stop and defund obama care. it would be nice if we did. i'd be in the fight. >> if and when this matter is settled, the next fight will be over raising the u.s. debt ceiling. on friday president obama called house speaker john boehner and repeated he won't negotiate with republicans on the issue. in his weekly radio and internet address, he accused the gop of threatening to plunge the u.s. into default. >> the united states of america is not a dead beat nation. we are a...
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that's mayor ramsey and they call him the obama of italian politics. he's young, he is a reformer and he's clearly thrown down the gauntlet to bersani. the intergenerational conarthritic with a clear element in the rise of the movement, there was a mainstream party like the pd can kind of take back that momentum. >> and he is the one to watch, do you think? >> absolutely, he is the one to watch and he's making a challenge for the leadership. >>> straight ahead on the program, tensions heating up on the korean peninsula amid reports the north has moved two missiles to the east coast. we'll have more on that issue specifically when we come back. with the spark miles card from capital one, bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get t
that's mayor ramsey and they call him the obama of italian politics. he's young, he is a reformer and he's clearly thrown down the gauntlet to bersani. the intergenerational conarthritic with a clear element in the rise of the movement, there was a mainstream party like the pd can kind of take back that momentum. >> and he is the one to watch, do you think? >> absolutely, he is the one to watch and he's making a challenge for the leadership. >>> straight ahead on the...
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obama. and it's noteworthy, by the way, that stocks fell when the leadership endorsed an attack. and might a majority bipartisan vote on syria spill over to fights on the budget deal and the debt ceiling? is such a thing possible? by the way, the fed's next meeting, september 17th and 18th, that might be smack in the middle of a syrian bombing operation. what might that mean for the central bank? oh, my goodness. hold on. "the kudlow report" begins right now. good evening, everyone. i'm larry kudlow. this is "the kudlow report." president obama and his national security team continued to make their case for war today, urging members of congress to authorize a military strike against the syrian government. the president and his team warned that if the answer from congress is no that more chemicals and even worse wapz could be used by dictators like syria's assad. eamon javers joins us live from washington with the details. good evening. >> reporter: secretary of state john kerry made the administration's forceful case for military action on syria up on capitol hill today, testifyi
obama. and it's noteworthy, by the way, that stocks fell when the leadership endorsed an attack. and might a majority bipartisan vote on syria spill over to fights on the budget deal and the debt ceiling? is such a thing possible? by the way, the fed's next meeting, september 17th and 18th, that might be smack in the middle of a syrian bombing operation. what might that mean for the central bank? oh, my goodness. hold on. "the kudlow report" begins right now. good evening, everyone....
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. >>> former gop presidential nominee is wait wading back into the political waters today, kicking off a conference in park city, utah, fee curing leading republican, including chris christie, paul ryan and rand paul, also some democrats like former obama adviser david axelrod and los angeles mayor antonio villa ga rosa if i have that right. mitt romney, t.j. rodgers is still with us. governor, i just want to begin right off the top with some fuse out of washington, d.c. i want you to listen, house speaker john boehner pushing back today against president obama's threat to vito any spending bills that aren't a part of a broader budget deal. please take a listen, sir. >> in short, the president said, higher taxes and higher spending is going to shut down the government. i think that's reckless. listen, there is no one that wants to make progress on the deficits more than i do. i have been working on it for years now. i know how hard it is. that's why the idea of shutting down the government, if we can't find a deal is so irresponsible. >> governor romney, this is interesting. i guess th
. >>> former gop presidential nominee is wait wading back into the political waters today, kicking off a conference in park city, utah, fee curing leading republican, including chris christie, paul ryan and rand paul, also some democrats like former obama adviser david axelrod and los angeles mayor antonio villa ga rosa if i have that right. mitt romney, t.j. rodgers is still with us. governor, i just want to begin right off the top with some fuse out of washington, d.c. i want you to...
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what will the impact of politics be? join the conversation. e-mail us at cnbc.com or tweet me. >>> plenty more coming up on today's program. president obama's presence is being felt at the apex conference. we'll get the latest from bali. the shares jumping. their restructuring plan will be in milan. a blow for boeing. airbus has ended its dominance with a landmark order. that's just after 10:35 cet. >>> three more firms are hoping to get a slice of blackberry's pie. can they improve on the order from fairfax. we'll discuss the emerging bidding war from the states. >>> and after years in the doll drums, european private equities are finally picking up. we'll look at what's spurring the picture at 10:30 cet. >>> right now though as the first trading day of the week, let's bring you up to speed on the details. >> thank you, ross. asian markets continue to see the markets. the dollar weekens further against the yen. meanwhile, china markets are still enjoying the last day of the break. hong kong markets slip .7%. in a bit of turbulence for japanes
what will the impact of politics be? join the conversation. e-mail us at cnbc.com or tweet me. >>> plenty more coming up on today's program. president obama's presence is being felt at the apex conference. we'll get the latest from bali. the shares jumping. their restructuring plan will be in milan. a blow for boeing. airbus has ended its dominance with a landmark order. that's just after 10:35 cet. >>> three more firms are hoping to get a slice of blackberry's pie. can they...
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. >> well, i think what we're seeing here is political theater. the economic impact of the $40 billion of cutbacks in spending is going to be fairly insignifica insignificant. in fact, much more significant is going to be the implementation of obama care in terms of what it may do to the labor market. >> explain that for a second. >> we're seeing more .more reports of employers cutting back labor forces to be under the 50 which obama care tax cuts start coming in or reducing hours, under 30 hours for part-timers so they don't pay obama care. this may have a significant impact on employment and i think that's much more important than the $40 billion coming from the sequester. >> it would be rare for something like that to seep through on the left level. >> it's bound the influence the labor market. what we don't know is how it will all balance out in terms of unemployment numbers. we don't know. but i think the general point i would come back to with this sequester is that there's going to be a huge amount of political theater over this and where t
. >> well, i think what we're seeing here is political theater. the economic impact of the $40 billion of cutbacks in spending is going to be fairly insignifica insignificant. in fact, much more significant is going to be the implementation of obama care in terms of what it may do to the labor market. >> explain that for a second. >> we're seeing more .more reports of employers cutting back labor forces to be under the 50 which obama care tax cuts start coming in or reducing...
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>> i think there's still a lot of risk for the banking sector, the political atmosphere is still quite fraught and maybe more fraught. there's an john shroud of regulations and it remains to be seen how costly those are. you could make the argument that banks have made a lot of money in past decades of this expansion of credit ask debt and the developed world. without that, if all the developed economies need to be retrenching, i think it's still a challenging environment for banks. >> i want to go back to the point you made about banks being generally overcapitalized. is that a fair statement to make? i realize that relative to where we were, certainly capital levels have improved. but are we where we feed to be? >> right. well, banks argue that they're overcapitalized. some economists arguing that levels aren't high enough to with stand potential problems like we saw in 20308. and i think this is going to be an ongoing argument between economists, academics and bankers. but there's a sentiment in the industry or amongst investors, maybe, i should say, that no amount of capital is goi
>> i think there's still a lot of risk for the banking sector, the political atmosphere is still quite fraught and maybe more fraught. there's an john shroud of regulations and it remains to be seen how costly those are. you could make the argument that banks have made a lot of money in past decades of this expansion of credit ask debt and the developed world. without that, if all the developed economies need to be retrenching, i think it's still a challenging environment for banks....
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general jim jones is the former security advisor to president obama. he's very familiar with tehran's nuclear actions. he talked to them in 2009 and didn't see a deal. he has a bit of skepticism. i asked him, is this political posturing or could we see them come to the table and make a deal. >> that's a great question. that's one everybody is asking themselves about. obviously in this region much closer to iran there are some pretty hard convictions about anything iran says depending which country. in 2000 nieb we did reach out to them. we reached out to them publicly but also in ways that were -- where they didn't have to respond just to see if there was a willingness to have a dialog e dialogue. the president mentioned it in his address. we will reach out and test the waters to know with no success. iran clearly wasn't interested in either a quiet relationship that maybe would help restore relationships with us and that's the way it was. nonetheless, the united states cannot afford to pass up an opportunity or to be seen to pass up an opportunity fro
general jim jones is the former security advisor to president obama. he's very familiar with tehran's nuclear actions. he talked to them in 2009 and didn't see a deal. he has a bit of skepticism. i asked him, is this political posturing or could we see them come to the table and make a deal. >> that's a great question. that's one everybody is asking themselves about. obviously in this region much closer to iran there are some pretty hard convictions about anything iran says depending...
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right now, we switch our attention to politics. the u.s. president barack obama is hosting his chinese counterpart xi jinping in a highly anticipated summit in what is being billed as a litmus test. >> president obama sits down with chinese president xi jinping in california to try and forge a relationship with the new chinese leader where the issue of cyber hacking has taken center stage across american companies, hundred he of billions of dollars every year. john huntsman warned that the ability of government itself to crackdown on a problem that also involves the chinese military and chinese businesses isn't all that great. >> limited. you can create red lines, sort of boundaries beyond which you do not go. beyond that, i think the longer term play is going to be engaging this entrepreneurial society that's coming up in china. they're moving very quickly and they want to have name brand respected entities. they want to go global. they want to come here to the united states. and they know if you carry that image and reputation of being a
right now, we switch our attention to politics. the u.s. president barack obama is hosting his chinese counterpart xi jinping in a highly anticipated summit in what is being billed as a litmus test. >> president obama sits down with chinese president xi jinping in california to try and forge a relationship with the new chinese leader where the issue of cyber hacking has taken center stage across american companies, hundred he of billions of dollars every year. john huntsman warned that...
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obama went to congress for political cover. if congress doesn't provide the cover, then i think he'll reconsider. >> anthony, in your notes it's quite interesting, you bring out the costs of a strike. if it's a limited strike the costs would be limited as well, but if it turns out to be a longer one, the republicans are definitely not going to vote for it because they're the spending weary part of the congress. >> sthaerthat's right. the issue at the moment isn't the economics it's the fear of being sucked into a war and it's the fear of empowering al qaeda. there's the sense that some of the people fighting against assad are plenty unpleasant people. but obviously one of the reasons the u.s. doesn't want to get sucked into a quagmire in the middle east is because it's very draining financially. the republicans, i think it's very interesting. we see now a real shift in the republican party against the sort of -- you know, against government. part of that is against expensive foreign operations that can get drawn in. i think the
obama went to congress for political cover. if congress doesn't provide the cover, then i think he'll reconsider. >> anthony, in your notes it's quite interesting, you bring out the costs of a strike. if it's a limited strike the costs would be limited as well, but if it turns out to be a longer one, the republicans are definitely not going to vote for it because they're the spending weary part of the congress. >> sthaerthat's right. the issue at the moment isn't the economics it's...
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Nov 25, 2013
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president barack obama and president rouhani. the change in the political climate inside iran and the diplomatic arena made this deal possible. more importantly no doubt that the sanctions played a role in increasing the pressure on the iranian government and without a doubt the fact that these sanctions did not stop iran from developing its nuclear technology also was for the united states and its allies a major concern that indicated that perhaps these sanctions are not going to be enough. so a lot of changes on the ground that led to this agreement. keep in mind, this is a temporary agreement, not the comprehensive one. it is simply an attempt to try and create the environment for the next six months in which serious negotiations can be held to address all of the fundamental issues that are yet to be resolved. >> yeah. we have been here before. we had interim nuclear agreements between 2003 and 2005. they all failed as well. how much hope should be placed on this deal? >> well, there's no doubt there should be some cautious sk
president barack obama and president rouhani. the change in the political climate inside iran and the diplomatic arena made this deal possible. more importantly no doubt that the sanctions played a role in increasing the pressure on the iranian government and without a doubt the fact that these sanctions did not stop iran from developing its nuclear technology also was for the united states and its allies a major concern that indicated that perhaps these sanctions are not going to be enough. so...
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Dec 30, 2013
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sector to attract it to our country. >> ricardo, stick around. >>> the obama administration says more than 1.1 million people have signed up for health insurance through the government's website. the overwhelming majority have come this month. experts say the enrollment should be over 2 million once the states report their numbers. that would be short of the goal of 3.3 million by december 31st. righters suggest the white house is being pushed to hire a ceo to run the federal insurance exchange. that person would be responsible for roles in technology as well as coordinating with insurers and state regulators. the administration says the idea isn't being considered. >>> we'll take a short break. still to come, underground nuclear tests and an execution. we'll look at north korea's moves that had the rest of the world on the edge of its seat. [ male announcer ] for every late night, every weekend worked, every idea sold... ♪ ...you deserve a cadillac, the fastest growing full-line luxury brand in the united states. including the all new 2014 cadillac cts, motor trend's 2014 car of th
sector to attract it to our country. >> ricardo, stick around. >>> the obama administration says more than 1.1 million people have signed up for health insurance through the government's website. the overwhelming majority have come this month. experts say the enrollment should be over 2 million once the states report their numbers. that would be short of the goal of 3.3 million by december 31st. righters suggest the white house is being pushed to hire a ceo to run the federal...
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Aug 21, 2013
08/13
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it's going to cost president obama some political capital to get him approved and there are issues about his leadership if he is a consensus builder. janet yellen. she is known to be a leading moan tear policy expert, respected throughout the federal reserve and monetary policy circles also known as a consensus builder. she is untested at the helm in a crisis, she did support ben bernanke and she owns the current policy. i think another thing we're going to talk a lot about here is the last month and the rise in interest rates. what was the source of that, could the fed have done that differently? that's going to be instructive for mow the fed moves forward in its communications and guidance for the tape fer it gets around to it. i think the big rate debate is whether or not it's the fed having a stock of assets that's taken off the market, is it the flows that it takes off every month. my favorite, what i think is the post parnt. market expectations. how the federal reserve guides those. we're going to have two bank presidents on from here. jim bully from st. louis, john waynes from san
it's going to cost president obama some political capital to get him approved and there are issues about his leadership if he is a consensus builder. janet yellen. she is known to be a leading moan tear policy expert, respected throughout the federal reserve and monetary policy circles also known as a consensus builder. she is untested at the helm in a crisis, she did support ben bernanke and she owns the current policy. i think another thing we're going to talk a lot about here is the last...
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Jul 2, 2013
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president obama urges president morsi to respond to demonstrations through a political process as egypt's foreign minister resigns. athens is three days to get its house in order. reuters reports eu officials aren't happy with the way greek reforms are progress, setting a deadline to unlock the next chunk of aid. >>> portugal's finance minister quits as he admits he lost the public support for the austerity plan. monty threatens to withdrawal from the coalition amidst the slow pace of reforms. >>> all right, we'll kick off with egypt. the president of the country vowed to steer his own course despite being given 48 hours by the army to reach an agreement with liberal opposition leaders. mohamed morsi says the statement by the military caused confusion and he will pursue his own negotiations with political rivals. in a statement on his facebook page, the president said he had spoken to barack obama telling him egypt was moving forward to a peaceful, democratic transition. the same time military helicopters training the national flag lifted the spirits of the protesters. the organizers of t
president obama urges president morsi to respond to demonstrations through a political process as egypt's foreign minister resigns. athens is three days to get its house in order. reuters reports eu officials aren't happy with the way greek reforms are progress, setting a deadline to unlock the next chunk of aid. >>> portugal's finance minister quits as he admits he lost the public support for the austerity plan. monty threatens to withdrawal from the coalition amidst the slow pace of...
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Jul 4, 2013
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the head of the armed forces is vowing to hold new elections as part of a political road map agreed with liberal opposition groups. but u.s. president barack obama says he's deeply concerned by events overnight and called on the military to transfer power back to a civilian leader as soon as possible. let's get to yousef gamal el- n el-din. this would be a temporary measure, i gather. >> reporter: absolutely. the euphoria continues this morning in the early hours of this morning in egypt. the best way to describe how the last 12 hours played out is the response of a host nation to winning a world cup, ground trembling, people roaring in celebration, an incredible atmosphere. and to witness that, also thisp, a lot of jubilation saying welcome back, egypt, and saying dismissal of the president on the order of the people. that gives you an idea of the sense on the ground here. you mentioned, of course, the ouster of former president, now former president mohamed morsi, the military and the statement making it clear it tried to reach out and tried to work out a power sharing agreement and th
the head of the armed forces is vowing to hold new elections as part of a political road map agreed with liberal opposition groups. but u.s. president barack obama says he's deeply concerned by events overnight and called on the military to transfer power back to a civilian leader as soon as possible. let's get to yousef gamal el- n el-din. this would be a temporary measure, i gather. >> reporter: absolutely. the euphoria continues this morning in the early hours of this morning in egypt....
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Dec 10, 2013
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. >> the president obama of the euro group said today that you need to continue to do more work. but are you pushing the point that politically and socially you're at the limits of what can we achieved here with reform? >> i have explained the association limits, the austerity measures. i think you heard the president of the euro group referring to this. and, actually, the troika is coming back so that we can work together. to have solution. >> and in terms of regaining access, you believe that that could happen later on next year? >> i think we have two conditions. also to have positive -- a positive growth rate, which is now, as you know, today the third quarter results have appeared. if you have noticed quarter on quarter, the last two quarters, the economic has stabilized. so i'm very optimistic about the next year. we are going to have positive growth so we can have market access, limited access next year, but it will be the first time since 2010. so it is very important. >> so the ping-pong match between the troika and greece continues. but the crucial issue here is banking
. >> the president obama of the euro group said today that you need to continue to do more work. but are you pushing the point that politically and socially you're at the limits of what can we achieved here with reform? >> i have explained the association limits, the austerity measures. i think you heard the president of the euro group referring to this. and, actually, the troika is coming back so that we can work together. to have solution. >> and in terms of regaining...
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May 16, 2013
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. >> "the washington post" said today the most corrosive political scandals are the ones that feed a preexisting story line, that obama is too big government, does not respect his opponents, that the guy is basically as far as the story goes, out of control and disrespectful and this just plays to that. how does he get over that? >> there is an issue here of government overreach. and that is a criticism of obama's policies and he has to own up to that or he has to deal with that or he has to fix that. at the moment, i don't think anybody can possibly speculate and i'm not going to, that he knew what was going outside the irs. i have no evidence of that. maybe he did, but i have no evidence of that. today, i would like to see him appoint this special counsel. and i think he's got to say here's the keywords, independent, independent, independent. you must restore the confidence in the irs, it is such an important agent issy, i'd like him to say that today. just go ahead and say that. >> we've got to fly, larry. great to see you. and tonight, larry will go live, one to one with indiana
. >> "the washington post" said today the most corrosive political scandals are the ones that feed a preexisting story line, that obama is too big government, does not respect his opponents, that the guy is basically as far as the story goes, out of control and disrespectful and this just plays to that. how does he get over that? >> there is an issue here of government overreach. and that is a criticism of obama's policies and he has to own up to that or he has to deal...
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Sep 12, 2013
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at the g-20 last week, it's president putin two, president obama zero. i think president putin has managed to do that and he's managed to do that in the "new york times." he's one upped the president once again, it seems. >> he's clearly setting the agenda. >> exactly. >> on a political basis. the question is, is it the right agenda? >> that's the bigger question. president obama is working on capitol hill. we won't hear from them until monday. this is an ongoing fluid story. >> hadley, for now, thanks very much, indeed, hadley gamble, our middle east correspondent. >> this is where we stand with global equities right now. six to four vapsers outpacing decliners. i'm sorry, three to two is what i should say. pretty flaft right now, the ftse 100 was up from four points yesterday. this morning, gains despite the fact that we had triple digit gains for the dow jones industrial average. up 0.2% for the german and uk markets. the cac 40 is flat. the ftse mib is fairly flat, as well. it's still expecting improvement in the second half of the year. stocks up ne
at the g-20 last week, it's president putin two, president obama zero. i think president putin has managed to do that and he's managed to do that in the "new york times." he's one upped the president once again, it seems. >> he's clearly setting the agenda. >> exactly. >> on a political basis. the question is, is it the right agenda? >> that's the bigger question. president obama is working on capitol hill. we won't hear from them until monday. this is an...
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Jun 14, 2013
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this as president obama gives the go ahead for the u.s. to provide military support to the syrian rebels. the plan could include supplying weapons. the decision comes after the white house concluded evidence shows syrian president bashar assad used chemical weapons against opposition forces. the u.n. says nearly 93,000 people have been killed since the country's conflict began more than two years ago. >>> germany's reportedly seeking to delay eu membership talks with turkey in response to the government's crackdown on the recent unrest. at the same time, the prime minister from turkey met with groups opposed to the redevelopment of a city park in istanbul. some say it could be a last attempt to stem the two week old demonstrations. >>> coming up, nbc's richard engel will join us from instan bull for the very latest on those protests at 11:00 cet. >>> japan's cabinet has endorsed a long term growth strategy. the story from tokyo. >> hi, russ. the final economics arrow is mainly aimed at boosting private sector investment and rebuilding busi
this as president obama gives the go ahead for the u.s. to provide military support to the syrian rebels. the plan could include supplying weapons. the decision comes after the white house concluded evidence shows syrian president bashar assad used chemical weapons against opposition forces. the u.n. says nearly 93,000 people have been killed since the country's conflict began more than two years ago. >>> germany's reportedly seeking to delay eu membership talks with turkey in response...